nkwe's position, page-6

tophat:
"To me that looks a lot like a company destroyer not a company maker"

The BFS is for Garatau only, whch must stand alone.
It's resource measures 14.2n oz measured and 23.3 inferred. The project should deliver 400,000oz pa with margins of near $700/oz.with a mine life of 40 years.

The Tubatse project has 3 farms.
The disputed farms, Eerste geluk and Nooitverwacht, combined have an inferred total (3PGE+Au) of 20.37m oz.
The third, undisputed, has an inferred resource of 24.88, itself the equivalent of Garatau.

While the stock price will fall somewhat on emotion, its not likely to be a company destroyer on the above facts.
Xtrata is unlikely to walk, but renegotiate,probably not including the entire Tubatse option immediately, as per the option.